Failure of capitalist production :: underlying causes of the great recession /
"The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of pr...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
London :
Pluto Press,
2012.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website. |
| Beschreibung: | 1 online resource (xiii, 240 pages) |
| Bibliographie: | Includes bibliographical references and index. |
| ISBN: | 9781849646239 1849646236 9781849646208 1849646201 9781849646192 1849646198 |
Internformat
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| 100 | 1 | |a Kliman, Andrew, |d 1955- |1 https://id.oclc.org/worldcat/entity/E39PCjxqf49Kw3jWfKBbDYKkMq |0 http://id.loc.gov/authorities/names/n2003111607 | |
| 245 | 1 | 0 | |a Failure of capitalist production : |b underlying causes of the great recession / |c Andrew Kliman. |
| 260 | |a London : |b Pluto Press, |c 2012. | ||
| 300 | |a 1 online resource (xiii, 240 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
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| 347 | |a text file |2 rda | ||
| 504 | |a Includes bibliographical references and index. | ||
| 505 | 0 | |a Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- the 1970s-not the 1980s-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone? | |
| 520 | |a "The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website. | ||
| 588 | 0 | |a Print version record. | |
| 650 | 0 | |a Global Financial Crisis, 2008-2009. |0 http://id.loc.gov/authorities/subjects/sh2009003683 | |
| 650 | 0 | |a Capitalism. |0 http://id.loc.gov/authorities/subjects/sh85019958 | |
| 650 | 6 | |a Crise financière mondiale, 2008-2009. | |
| 650 | 7 | |a BUSINESS & ECONOMICS |x Free Enterprise. |2 bisacsh | |
| 650 | 7 | |a POLITICAL SCIENCE |x Public Policy |x Economic Policy. |2 bisacsh | |
| 650 | 7 | |a Capitalism |2 fast | |
| 647 | 7 | |a Global Financial Crisis |d (2008-2009) |2 fast |0 (OCoLC)fst01755654 |1 https://id.oclc.org/worldcat/entity/E39Qhp4vBbr3T8xBMDbJhDhGmm | |
| 648 | 7 | |a 2008-2009 |2 fast | |
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| 758 | |i has work: |a Failure of capitalist production (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGdmXgMrQCBDhYTdB79kpd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Kliman, Andrew, 1955- |t Failure of capitalist production. |d London : Pluto Press, ©2012 |z 9780745332390 |z 0745332390 |w (OCoLC)748328618 |
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Datensatz im Suchindex
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| _version_ | 1816796903112704000 |
| adam_text | |
| any_adam_object | |
| author | Kliman, Andrew, 1955- |
| author_GND | http://id.loc.gov/authorities/names/n2003111607 |
| author_facet | Kliman, Andrew, 1955- |
| author_role | |
| author_sort | Kliman, Andrew, 1955- |
| author_variant | a k ak |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | H - Social Science |
| callnumber-label | HB3717 2008 |
| callnumber-raw | HB3717 2008 .K55 2012eb |
| callnumber-search | HB3717 2008 .K55 2012eb |
| callnumber-sort | HB 43717 42008 K55 42012EB |
| callnumber-subject | HB - Economic Theory and Demography |
| collection | ZDB-4-EBU |
| contents | Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- the 1970s-not the 1980s-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone? |
| ctrlnum | (OCoLC)769190505 |
| dewey-full | 330.12/2 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.12/2 |
| dewey-search | 330.12/2 |
| dewey-sort | 3330.12 12 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| era | 2008-2009 fast |
| era_facet | 2008-2009 |
| format | Electronic eBook |
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| genre | History fast |
| genre_facet | History |
| id | ZDB-4-EBU-ocn769190505 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:49:04Z |
| institution | BVB |
| isbn | 9781849646239 1849646236 9781849646208 1849646201 9781849646192 1849646198 |
| language | English |
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| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (xiii, 240 pages) |
| psigel | ZDB-4-EBU |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | Pluto Press, |
| record_format | marc |
| spelling | Kliman, Andrew, 1955- https://id.oclc.org/worldcat/entity/E39PCjxqf49Kw3jWfKBbDYKkMq http://id.loc.gov/authorities/names/n2003111607 Failure of capitalist production : underlying causes of the great recession / Andrew Kliman. London : Pluto Press, 2012. 1 online resource (xiii, 240 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier text file rda Includes bibliographical references and index. Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- the 1970s-not the 1980s-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone? "The recent financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website. Print version record. Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Capitalism. http://id.loc.gov/authorities/subjects/sh85019958 Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Free Enterprise. bisacsh POLITICAL SCIENCE Public Policy Economic Policy. bisacsh Capitalism fast Global Financial Crisis (2008-2009) fast (OCoLC)fst01755654 https://id.oclc.org/worldcat/entity/E39Qhp4vBbr3T8xBMDbJhDhGmm 2008-2009 fast History fast has work: Failure of capitalist production (Text) https://id.oclc.org/worldcat/entity/E39PCGdmXgMrQCBDhYTdB79kpd https://id.oclc.org/worldcat/ontology/hasWork Print version: Kliman, Andrew, 1955- Failure of capitalist production. London : Pluto Press, ©2012 9780745332390 0745332390 (OCoLC)748328618 FWS01 ZDB-4-EBU FWS_PDA_EBU https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=434982 Volltext |
| spellingShingle | Kliman, Andrew, 1955- Failure of capitalist production : underlying causes of the great recession / Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- the 1970s-not the 1980s-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone? Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Capitalism. http://id.loc.gov/authorities/subjects/sh85019958 Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Free Enterprise. bisacsh POLITICAL SCIENCE Public Policy Economic Policy. bisacsh Capitalism fast |
| subject_GND | http://id.loc.gov/authorities/subjects/sh2009003683 http://id.loc.gov/authorities/subjects/sh85019958 (OCoLC)fst01755654 |
| title | Failure of capitalist production : underlying causes of the great recession / |
| title_auth | Failure of capitalist production : underlying causes of the great recession / |
| title_exact_search | Failure of capitalist production : underlying causes of the great recession / |
| title_full | Failure of capitalist production : underlying causes of the great recession / Andrew Kliman. |
| title_fullStr | Failure of capitalist production : underlying causes of the great recession / Andrew Kliman. |
| title_full_unstemmed | Failure of capitalist production : underlying causes of the great recession / Andrew Kliman. |
| title_short | Failure of capitalist production : |
| title_sort | failure of capitalist production underlying causes of the great recession |
| title_sub | underlying causes of the great recession / |
| topic | Global Financial Crisis, 2008-2009. http://id.loc.gov/authorities/subjects/sh2009003683 Capitalism. http://id.loc.gov/authorities/subjects/sh85019958 Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Free Enterprise. bisacsh POLITICAL SCIENCE Public Policy Economic Policy. bisacsh Capitalism fast |
| topic_facet | Global Financial Crisis, 2008-2009. Capitalism. Crise financière mondiale, 2008-2009. BUSINESS & ECONOMICS Free Enterprise. POLITICAL SCIENCE Public Policy Economic Policy. Capitalism History |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=434982 |
| work_keys_str_mv | AT klimanandrew failureofcapitalistproductionunderlyingcausesofthegreatrecession |